Kitwave Group (LSE:KITW) PB Ratio : 3.13 (As of May. 20, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kitwave Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-20), Kitwave Group's share price is £3.78. Kitwave Group's Book Value per Share for the quarter that ended in Oct. 2023 was £1.21. Hence, Kitwave Group's PB Ratio of today is 3.13.

The historical rank and industry rank for Kitwave Group's PB Ratio or its related term are showing as below:

LSE:KITW' s PB Ratio Range Over the Past 10 Years
Min: 1.54 Med: 2.09 Max: 3.22
Current: 3.13

During the past 5 years, Kitwave Group's highest PB Ratio was 3.22. The lowest was 1.54. And the median was 2.09.

LSE:KITW's PB Ratio is ranked worse than
72.48% of 298 companies
in the Retail - Defensive industry
Industry Median: 1.73 vs LSE:KITW: 3.13

During the past 12 months, Kitwave Group's average Book Value Per Share Growth Rate was 17.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 485.80% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Kitwave Group was 485.80% per year. The lowest was 485.80% per year. And the median was 485.80% per year.

Back to Basics: PB Ratio

Kitwave Group PB Ratio Historical Data

The historical data trend for Kitwave Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kitwave Group PB Ratio Chart

Kitwave Group Annual Data

Trend

Apr18

Apr19

Oct21

Oct22

Oct23

PB Ratio

1.68

1.63

2.07

Kitwave Group Semi-Annual Data
	Apr18	Apr19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
PB Ratio	Get a 7-Day Free Trial			1.68	1.68	1.63	2.54	2.07

Competitive Comparison of Kitwave Group's PB Ratio

For the Food Distribution subindustry, Kitwave Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kitwave Group's PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kitwave Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kitwave Group's PB Ratio falls into.

Kitwave Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Kitwave Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Oct. 2023)
	=	3.78	/	1.206
	=	3.13

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Kitwave Group (LSE:KITW) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Kitwave Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Kitwave Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Kitwave Group (LSE:KITW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

8R9:Germany

Address

Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ

Website

https://www.kitwave.co.uk

Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

No Headlines